Serbia: Market for Goat Or Kid Hides And Skins 2024

Market Size for Goat Or Kid Hides And Skins in Serbia

The Serbian goat hides and skins market rose significantly to $X in 2023, picking up by X% against the previous year. Over the period under review, consumption, however, continues to indicate a slight decline. As a result, consumption attained the peak level of $X. From 2019 to 2023, the growth of the market remained at a somewhat lower figure.

Production of Goat Or Kid Hides And Skins in Serbia

In value terms, goat hides and skins production amounted to $X in 2023 estimated in export price. In general, production continues to indicate a strong increase. The pace of growth was the most pronounced in 2016 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2023, production growth failed to regain momentum.

The average yield of goat or kid hides and skins in Serbia amounted to X kg per head in 2023, remaining relatively unchanged against the year before. In general, the yield saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the yield increased by X% against the previous year. As a result, the yield reached the peak level of X kg per head. From 2019 to 2023, the growth of the average goat hides and skins yield failed to regain momentum.

The number of animals slaughtered for goat hides and skins production in Serbia rose slightly to X heads in 2023, surging by X% against the previous year's figure. Over the period under review, the number of producing animals, however, showed a slight decrease. The pace of growth was the most pronounced in 2021 when the number of producing animals increased by X% against the previous year. Over the period under review, this number hit record highs at X heads in 2012; however, from 2013 to 2023, producing animals stood at a somewhat lower figure.

Exports of Goat Or Kid Hides And Skins

Exports from Serbia

In 2023, exports of goat or kid hides and skins from Serbia declined dramatically to X kg, waning by X% against the previous year's figure. Overall, exports showed a sharp decrease. The most prominent rate of growth was recorded in 2022 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2023, the exports stood at a somewhat lower figure.

In value terms, goat hides and skins exports fell rapidly to $X in 2023. In general, exports saw a sharp downturn. The most prominent rate of growth was recorded in 2022 when exports increased by X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X kg) was the main destination for goat hides and skins exports from Serbia, accounting for a approx. X% share of total exports.

From 2012 to 2023, the average annual growth rate of volume to the United States amounted to X%.

In value terms, the United States ($X) emerged as the key foreign market for goat or kid hides and skins exports from Serbia.

From 2012 to 2023, the average annual rate of growth in terms of value to the United States totaled X%.

Export Prices by Country

The average goat hides and skins export price stood at $X per ton in 2023, with an increase of X% against the previous year. In general, the export price saw a significant expansion. The growth pace was the most rapid in 2016 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2023, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2023, the rate of growth in terms of prices for Italy amounted to X% per year.

Imports of Goat Or Kid Hides And Skins

Imports into Serbia

In 2023, purchases abroad of goat or kid hides and skins increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, imports recorded a significant increase. The pace of growth appeared the most rapid in 2022 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2023 and are expected to retain growth in the immediate term.

In value terms, goat hides and skins imports shrank notably to $X in 2023. Over the period under review, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2022 when imports increased by X%. As a result, imports attained the peak of $X, and then contracted significantly in the following year.

Imports by Country

In 2023, Greece (X tons) constituted the largest supplier of goat hides and skins to Serbia, with a X% share of total imports. Moreover, goat hides and skins imports from Greece exceeded the figures recorded by the second-largest supplier, South Africa (X kg), sevenfold.

From 2012 to 2023, the average annual rate of growth in terms of volume from Greece was relatively modest.

In value terms, South Africa ($X) constituted the largest supplier of goat or kid hides and skins to Serbia, comprising X% of total imports. The second position in the ranking was held by Greece ($X), with a X% share of total imports.

From 2012 to 2023, the average annual rate of growth in terms of value from South Africa totaled X%.

Import Prices by Country

In 2023, the average goat hides and skins import price amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the import price showed a pronounced downturn. The pace of growth was the most pronounced in 2019 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2021; however, from 2022 to 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was South Africa ($X per ton), while the price for Greece totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by South Africa (X%).

Source: IndexBox Platform